I just now came across these two start ups working on EVTOLs (Electric vertical take-off and landing). One is ACHR (Archer Aviation - Archer Aviation ) backed up by $1 billion dollars from United Airlines, the second being JOBY (Joby Aviation - Joby Aviation ) Backed up by $400 million from Toyota and $60 Million from Delta Airlines. I wanted to see others...
Hello Traders, We’ve been closely monitoring ARCH and have identified a triangle pattern forming. If the triangle breaks to the downside, we’ve identified possible support levels where price could potentially bounce back. First Support: The first support level is located at the golden pocket on the Fibonacci retracements, which is between 4.59 and...
Speculative play, not a huge amount invested.. BUT.. "ACHR stock, paying up today for a (possible) big payoff tomorrow may just well be worth it. The commercialization stage is just around the corner. As Archer discussed in its latest investor presentation, the company is now in the final phase of obtaining certification from the Federal Aviation Administration...
We’ve identified a potential Falling Wedge pattern forming on the ACHR chart. This pattern is often seen as a bullish reversal pattern, indicating a possible shift from a downtrend to an uptrend. Additionally, we are currently in the 4th wave of the Elliott Wave cycle, which is typically a retracement wave, with a 5th wave incoming. Pattern Details The Falling...
ACHR is a speculative penny stock with big momentum this past week for a continuation trade. The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but improving on putting out the fire. No competition in its intended market. $5.00 strike calls for March monthly for $75 look good. Once upon a time, I had a fellow ER doc who...
Archer Aviation Inc. (NYSE: NYSE:ACHR ) has achieved a milestone that underscores its commitment to safety and operational excellence. The company announced on February 8, 2024, that it has received its Part 145 certification from the Federal Aviation Administration (FAA), positioning itself as a frontrunner in the burgeoning electric vertical takeoff and landing...
Small caps got wrecked the past few weeks, ACHR is no exception. I sold all my calls a while ago and keep adding small bits of spot to long-term account when we meet resistances. The stock is looking to consolidate here or find its way back into the channel. Dont forget ARK sold some TSLA to start adding ACHR, it has investment from Boeing and other large...
ACHR is both a long-term hold and a stock I play options bounces on. This purple line has been a resistance and support key area for multiple months. If we bounce here it should be powerful.
ACHR is reaching an important momentum point with RSI coiling inward along with price action. A large move is coming and its likely to the upside with the increasing fundamentals and continuation of the channel.
ACHR continues building new support on a clear uptrend after all the fundamental catalysts. Call setups remain in October and January.
If you have followed my account you know we got into ACHR near the regional bottom. This is a long-term investment that has been added to ARK invest portfolios and achieved investment from Boeing, United Airlines and others. Short-term if it can take this resistance level we could see 10$ in the near future. Call setups on 7.5$ strikes have been my play.
This is a play that my colleague pointed out, as you can see the green line has been tested multiple times in the short-term. The companies product is reaching end of development, and revenue streams are soon to start hopefully next year. I am eyeing calls for January.
With a 73% increase in stock price over the last 11 days it appears as if Archer is getting ready to take off Vertically, just like its upcoming aircraft! Although the aircraft is still experimental we have already seen players like United make investments for about 100 units. We found a clear foundation level and have tested the resistance level of around $3.30...
Archer Aviation Inc. (NYSE: ACHR) is an electric vertical takeoff and landing aircraft manufacturer – or flying cars for short. It was founded in 2018 and has developed an aircraft it plans to start selling in 2024. The company is also launching a new aircraft in November which could be a catalyst for the stock. Since ACHR operates in a relatively new market, its...
Following this for a few months now. Archer signed a deal with United and Uber Looks like Uber is going to have filling for pilots now. Hope everything goes smoothly Security for the pilot is main priority
Best Case Scenario Holds Support $2.80 then 👉 Aim for $3.20+ Worst Case Scenario Re-tests bottom trendline $2.20-$2.30 then 👉Bounce to $2.70+